Kangean Energy has launched tenders for a drilling rig and integrated services for the Rancak gas field redevelopment project in Indonesia.

Drilling Rig Contract

The company is prequalifying contractors to provide a 1000-horsepower land rig to drill three gas wells on the Rancak field, with operations expected to start in the second quarter of this year. The wells will be drilled on Pagerungan Kecil Island, about seven kilometres from the existing Pagerungan field. A well pad and manifold will be prepared on the island. Gas will be transported via an approximately five-kilometre subsea pipeline from the shoreline of Pagerungan Besar, where the processing facilities are located. The minimum local content (TKDN) requirement for this rig contract is 70%.

Integrated Drilling Services Contract

A separate integrated drilling services (IDS) contract is being offered for the three development wells (PGR-6, PGR-7, and PGR-8). The bundled workscope includes cementing and pumping services, acid stimulation services, completion equipment, a nitrogen pumping unit, and electric wireline logging services. The minimum TKDN for this contract is 50%. Prospective bidders must provide proof of having completed at least one similar IDS workscope within the past 10 years.

Project Context and Strategy

While redeveloping Rancak, the operator is also focusing on exploration to discover additional gas reserves at the West Kangean prospect, which lies within the same production sharing contract area. The parent company, Energi Mega Persada, now holds 100% operated equity in the Kangean PSC after acquiring Japex's 25% interest late last year, expressing strong confidence in the long-term potential of the Kangean assets, particularly the Rancak and West Kangean gas fields.